Los Angeles Home Owners: A Case Study

It is getting worst and worst because the rent is constantly increasing over the years and that makes the low income people struggle and then later on can lead homelessness, and struggle to find a new home.The population is also increasing with more people from other states so they don't really mind paying high rents simply because they haven't been here long enough

It is often easy to castigate large cities or third world countries as failures in the field of affordable housing, yet the crisis, like an invisible cancer, manifests itself in many forms, plaguing both urban and suburban areas. Reformers have wrestled passionately with the issue for centuries, revealing the severity of the situation in an attempt for change, while politicians have only responded with band aid solutions. Unfortunately, the housing crisis easily fades from our memory, replaced by visions of homeless vets, or starving children. Metropolis magazine explains that “…though billions of dollars are spent each year on housing and development programs worldwide, ? At least 1 billion people

Affordable housing has become the paramount issue of cities and dense urban areas. San Francisco is the posterchild of an unaffordable city that regardless of immense investment from blue chip firms like Google, Facebook, and their ilk of startups evaluated at $1 billion or more, policymakers and elected officials must wrestle with the housing affordability crisis that is considered endogenous to swaths of homelessness and record statistics on crime. In New York City, Mayor Bill de Blasio has made affordable housing the centerpiece of his legislation and championed the cause as a social justice issue—neighborhoods must remain affordable to maintain diversity for all races, ethnicities, and low-income families. A small sample of 827 New Yorkers by the NY1-Baruch College City Poll found the main concern of respondents was affordable housing while crime, jobs, and homelessness were peripheral problems (Cuza, 2016). The public discourse on how to address housing across the United States has pointed to negative externalities that surround rent-regulation and homeownership. Conversely, for this essay I will present various cases in order to illustrate the housing crunch is influenced less by housing and land regulations, or antagonistic homeowners but is induced by global market forces.

“I took a trip to Oakland, California and fell in love with the area. We stayed at an Air B&B for the three days of our stay and the house was absolutely beautiful, it looked like my dream home. Despite all the glitz and glamour around us we noticed a large amount of homelessness compared to Columbus. We found out that this property is not someone’s home but a house used strictly as an Air B&B. When you hear something like that and see the amount of homelessness it makes you wonder how many of these homes are strictly for show? So after researching I found out, the reason for the rampant homelessness can be attributed to large increases in rent. Even worse, the cause for the increase is due to Silicon Valley” (Kasongo, 2017). Unfortunately, rent increasing virtually overnight is the reality of many low-income families. This situation is called gentrification and is felt throughout the world, from the Midwest, East coast or even Western Europe, no region is immune to this process. Gentrification in the Midwest is extensive and wide causing the displacement of many low-income minority residents which can lead to even bigger issues.

Over the past twenty years, San Francisco’s Mission District has experienced a tremendous amount of change. Similar to many neighborhoods across the United States, it has been undergoing a gentrification process in which increases in housing prices, redevelopment in buildings, and a shortage of rental units have left many of its low-income population homeless or on the verge of becoming homeless. In order to understand the controversial issue revolving around the gentrification process taking place the Mission District, it is essential to know the history of the Mission District, San Francisco’s geography and housing laws, and the socioeconomic impacts of gentrification.

We looked at a variety of ways to help alleviate this cost. Since one of the main issues causing high living costs in the Bay Area is shortage of housing one of the possible solutions could be building more housing. Possible problems here are that San Francisco itself is not too big of a city and in most cities of this type in the world the population density is increased by building tall buildings –

People in gentrifying neighborhoods tend to move more often than those in non-gentrifying neighborhoods. People with high credit scores that move out of the neighborhood more frequently and often to wealthier parts of the city or suburbs. It’s more difficult for low income residents to move into gentrifying neighborhoods. Divringi noted that the city’s “most” vulnerable residents are less likely to move into gentrifying neighborhoods because of the higher costs (Gillespie 1).

So with spatial mismatch becoming a bigger issue as time went by, city gentrification became a routine for all cities creating even more disparity in ranges of wealth. People who have lived in their homes for a long time are now being forced out by plans to incorporate more businesses and malls. Property taxes began rising and as the city centers changed, people weren’t able to afford products in their own communities anymore. They dispersed to different sectors of the city, some moving completely out of the city. Gentrification not only affects where people live. It also affects local businesses. Small business owners can’t keep up with the rent because the community around the owners are now very high in value with new businesses, condos,

In this area there was gangs and trap houses but now there were small businesses and higher income people who were moving in and changing the neighborhood. Gentrification has happened, is happening or will happen in the United States and it is inevitable due to the government supporting it and the power that money has in these regions. Although gentrification does have some pros, it also has some important cons; the first con is the hidden cost that comes with gentrification, the second con is the rents being raised which leads people to becoming homeless. This paper will show the history, effects, benefits, and solutions like putting limits to when and by how much the rent can be raised so that people don’t become homeless. This is not the right time for gentrification because levels of poverty are high and the amount of people in debt is too much for gentrification to occur at this

KQED attempted to put the effect gentrification has had on the people of Oakland into perspective. As a major metropolitan city, Oakland has a constant influx of people moving in and moving out every single year. In just the “five-year span between 2010 and 2014, 104,544 people left Oakland… so, we'll speculate that during the five-year span, at least 14,008 left Oakland for economic reasons”(How Many Are Being Displaced by gentrification in Oakland?). This is a staggering number of people who have had to leave their home city due to economic reasons. Whats even scarier is that this number only represent those that were able to report their financial situation.

If Uber were to transition to working in Oakland 2000 or 3000 of its employees would be transferred to the office building, causing roughly the same amount of people to be looking for housing in the area. Thus, with the competition for housing there will be an increase in property values, However Uber reshaped their plan so that only a few hundred of their employees would be transferred. With their new plan, they would “rent out some of the 380,000 square feet of premium office space [and] will make room for other businesses and nonprofits grappling with the tightening commercial real estate market” (Document D). The amount of rent these small businesses will have to pay is unknown, although the idea is that Uber will help out the smaller businesses is to combat the already high prices in the area. Therefore, the idea of rising rents throughout these periods in the Bay Area remains the same, but dealing with the problem is

As the president of the Home Owners Association, my initial focus needs to start with finding various techniques to build a relationship with the grocery store. Trust is a very important aspect to gain, but this will happen over the course of time. It order to get there I will need to understand exactly what the store is looking for besides the obvious. The store executives has a past history of negotiating settlements in the past, knowing this, their language and perspective is a very helpful to tool. Emphasizing the unique benefits of the HOA being on board I can provide versus the damage that could arise resulting from a disagreement. There is also a need to understand what they value most in order for the negotiation to be more than

Gentrification is a problem that is occurring in many communities. The city of Boyle Heights in East Los Angeles is one of the communities that the citizens of the community are notice new apartments build, galleries owner by rich people, and high prices for apartment the people are not able to afford to live there. Because the renewal of neighborhood environments that transform and attract middle and upper-class households and investors, creating problems for those who cannot afford rises of rents. According to O’Regan, “some of the biggest concerns about gentrification-potential displacement and increased rent burdens-are driven by rent or housing cost increases” (152). The only way to

Interesting, I had no idea this type and magnitude of gentrification was taking place in that area. I remember you told me about USC, I just didn't realize that the area around the university was experiencing development on this scale. I have waited a lifetime to see this change start and it appears to be well underway. Many opportunities will become available with this kind of change; unfortunately, some people will be displaced in the process, but that is how progress works. A real plus for L.A. to be

Let’s say you’re a Californian who was born and raised in a major city in the Golden State. You just graduated and received your bachelors in one of the many UC schools that the state offers. And now you found a job that fits your career choice. So you decide to move out from your roommates place and into a new home. Well thing is you probably won’t be looking to lease a house but rather rent a house or most likely an apartment. Back then especially before 1978 you could most certainly be able to do this. But thanks to prop 13 stance on capping the states property tax measures, it’s extremely difficult to own a home in California. After 40 years in state law, prop 13 has released some unfortunate effects on the young and lower income. Having to pay more in property taxes than rent, it’s a no brainer why many young Californians are moving out of here.